Author
Topic: Palisades...Dead (Read 1670 times)

"I regret to inform you that after more than 11 successful years, Palisades Entertainment, LLC has discontinued its business of manufacturing and selling licensed and proprietary action figures, collectibles, toys and other goods. This development parallels a general trend within the toy industry, including the bankruptcy of one of Palisades’ largest customers.

Palisades has sold a substantial portion of its assets to another industry player, an affiliate of C.A.S. Iberia, Inc. named Limited by CAS, Inc. That company will continue the sale of certain of the brands that Palisades developed, including the Factory X line.

The sale transaction did not include employment for me or my wife Kate, who many of you know. Consequently, neither Kate nor I will be reachable at the buyer’s offices, nor will we have any ongoing relationship with the buyer.

I don’t have any plans for the immediate future beyond enjoying life with Kate and our children, until I figure out our next chapter.

I’d like to take this time to thank all of my friends and colleagues, and in particular, the team that helped me build and nurture Palisades for so many years."

Sad... I hope some of their licenses continue, like the Terminator line among others. Be nice if some of their designers got picked up at Hasbro and gave the SW line a shot in the arm with a different point of view. I don't think their AOD were perfect but there was a lot of potential there to improve the modern SW line.

They were talking about this on the forums (and over at RS) for a few weeks now and I kept hoping it wasn't true. Aside from making great toys (including the Sesame Street line I was looking forward to)...they've had some nice people working there. Whether it was customer service or people at a con, I always thought they were really cool people.